Announced
Completed
Financials
Tags
Acquisition
Private
Private Equity
Single Bidder
Minority
Venture Capital
Friendly
Completed
FinTech
financial technology platform
Brazil
Cross Border
Synopsis
An investment consortium completed the $225m Series E financing round in Creditas Financial Solutions, a financial technology company that operates a digital platform offering secured consumer loans. New investors in the funding round include LGT Lightstone, Tarsadia Capital, Vostok Emerging Finance, Wellington Management, e.ventures and an affiliate of Advent International, Sunley House Capital. Previous investors including SoftBank Vision Fund, SoftBank Latin America Fund, VEF, Kaszek Ventures and Amadeus Capital Partners also participated in the round, which values Creditas at $1.75bn. “The journey since our investment in the Series A has been absolutely extraordinary. The team has executed on its vision, and Creditas has evolved into an asset-light ecosystem that resolves key financial needs of its customers throughout their lifetimes,” Nicolas Szekasy, Kaszek Ventures Managing Partner.
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